Data vs.

Information
Data Information
 raw facts  data with context

 no context  processed data

 just numbers and text  value-added to data

 summarized
 organized
 analyzed
Data vs. Information
 Data: 51007
 Information:
 5/10/07 The date of your final exam.
 $51,007 The average starting salary of an
accounting major.
 51007 Zip code of Bronson Iowa.
Data vs. Information
Data Information
 6.34 SIRIUS SATELLITE RADIO INC.

 6.45
$7.20
 6.39
$7.00
 6.62
 6.57 $6.80
Stock Price
 6.64 $6.60
 6.71 $6.40
 6.82 $6.20
 7.12 $6.00
 7.06
$5.80
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Last 10 Days
Data  Information  Knowledge
Data

Summarizing the data

Averaging the data
Selecting part of the data
Graphing the data
Adding context
Adding value

Information
Data  Information  Knowledge
Information

How is the info tied to outcomes?

Are there any patterns in the info?
What info is relevant to the problem?
How does this info effect the system?
What is the best way to use the info?
How can we add more value to the info?

Knowledge
 Understanding the term Data Warehousing

Data Warehouse:
The term Data Warehouse was coined by Bill Inmon
in 1990, which he defined in the following way: "A
warehouse is a subject-oriented, integrated, time-variant
and non-volatile collection of data in support of
management's decision making process". He defined the
terms in the sentence as follows:
Subject Oriented:
Data that gives information about a particular
subject instead of about a company's ongoing operations.
Integrated:
Data that is gathered into the data warehouse from
a variety of sources and merged into a coherent whole.
Data Warehouse Architecture